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At their meeting of 22 November 2021, the Executive agreed in principle to continue with the pooling arrangements with other Cumbrian Authorities under the Business Rates Retention Scheme for 2022/23 financial year.
Final confirmation that the Pooling arrangements would be beneficial to the Council has been obtained through NNDR monitoring, and the decision, delegated to the Corporate Director of Finance and Resources, has been made to continue in the pool.
Continuation of the Pooling arrangements for 2022/23 has been agreed by all of the Cumbrian S151 Officers.
The financial implications of the pooling arrangements are included within the Council’s 2022/23 – 2026/27 Revenue Budget which forms part of the 2022/23 budget proposals.
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